About BEIJING JIAYE Company

Beijing Jingcheng Jiaye Property Co., Ltd. (“Beijing Jiaye”, the “Company” or the “Company”) was co-founded by Beijing Urban Construction Group Co., Ltd. (“Beijing Urban Construction Group”) and Beijing Tianjie Group Co., Ltd. (“Tianjie Group”), a state-owned enterprise in Dongcheng District of Beijing (“Tianjie Group”) on December 22, 2020. Beijing Jiaye was listed on the main board of the Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”) on November 10, 2021 (“Hong Kong Stock Exchange”), Urban Construction Group and Beijing Urban Construction Development Co., Ltd. Co., Ltd. (“Urban Construction Development”), Beijing Housing General Group Co., Ltd. (“Beijing Housing General Group”), Tianjie Group, and other H share shareholders held 26.44%, 33.47%, 14.24%, 0.85%, and 25% of the shares, respectively. Beijing Jiaye and its subsidiaries (“the Group” or “we”) have three main business segments, namely property management services, value-added services for non-owners, and value-added community services. As of December 31, 2022, the Group has entered 13 provinces, cities and autonomous regions across the country, and opened 3 new cities: Sanya, Changsha and Xiamen. The Group has rich experience in asset management and property services, and has formed a perfect scientific management mechanism in commercial real estate asset management and property services. As of December 31, 2022, the Group has managed an area of more than 36.9 million square meters, with diversified business formats, covering residential, commercial, alley, public and others. The types of projects are diverse, including office buildings, public construction, research institutes, military camps, medical apartments, theaters, subway stations, residences, party and government office buildings, etc. Representative projects include the National Stadium (Bird's Nest), the National Peking Opera House, Beijing City Sub-Center Office Building, Beijing Fashion Institute, the headquarters of large central enterprises, and Dongcheng Hutong, Beijing. In addition to basic business, value-added business covers housing brokerage, site property management, catering services, heating operations, Mercure services, community pension services, etc. As a company specializing in property services earlier among large state-owned enterprises, the Group has rich experience in asset management and property services, and has formed a perfect scientific management mechanism in commercial real estate asset management and property services. It is a member unit of the China Property Management Association, the vice president unit of the Beijing Property Management Industry Association, and the member units and subsidiaries of the Beijing Listed Companies Association. The company has been awarded “China's Top 100 Property Service Enterprises” and “Leading Property Service Enterprises with Chinese Characteristics” for several years in a row. In 2022, Jingcheng Jiaye ranked 21st among the top 100 property service enterprises in China. It has successively won titles such as leading enterprise in social responsibility, special service, satisfaction, and service power issued by the China Industrial Research Association, and was awarded “2022 North China Regional Property Service Top 50 Enterprise”, “2022 Beijing Top 50 Property Service Enterprise”, “2022 China Property Service Top 5 Enterprise”, “2022 China Property Service of the Year” and “2022 China Property Service Professional Operation Leading Brand Enterprise”; Beijing Chairman of Jiaye Zhang Weize won the honorary title of “2022 North China Regional State-owned Property Enterprise Leader”.